11 Shore View DriveReeds SpringMO65737
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Reeds Spring at 11 Shore View Drive, Reeds Spring, MO, 65737 priced at $1,199,000 converts $2,420/mo rent into after a $5,869/mo obligation. Total monthly income equals $2,420/mo. Return on cash invested prints 4.78% in year one, and rental yield reads 2.42% against a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation compiles into $331,262 by year five. Five-year ROI reaches 21.66% and total cumulative return in cash sums $84,141. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,420/mo property income covering a $5,869/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65737, Reeds Spring, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,475 (100%) |
| Owner Occupied HU | 3,030 (55.3%) |
| Renter Occupied HU | 708 (12.9%) |
| Vacant Housing Units | 1,737 (31.7%) |
| Median Home Value | $282,963 |
| Average Home Value | $345,101 |
Housing Distribution
Address Breakdown
Residential
4,198
Single Family
4,198
Multi-Family
0
Businesses
478
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Listed by: Holt Homes Group • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60311372